The Kentucky Enquirer reports General Cable announced that it plans to reduce its global workforce by 7 percent in a restructuring. It wasn't clear where the cuts would be made, but vice president of corporate communications Lisa Lawson told WLWT News 5's Alex Suckow that they won't come from Northern Kentucky.

General Cable manufactures and sells aluminum, copper and fiber-optic cables. According to the company's website, it has 57 manufacturing facilities in 26 countries.

A statement from the Highland Heights-based company says it continues "to face ongoing challenges" in some markets including uneven demand and pricing.

"The restructuring program, which builds on the Company’s existing productivity and asset optimization plans, is expected to result in ongoing annual savings of approximately $75 million, beginning in 2014 with full realization starting in early 2016," the company said in a news release.